SETEX - Ownership and Business Overview

Information TechnologyCompany

SETEX Ownership

Who owns SETEX?

SETEX is owned by Textile Solutions Group. It was acquired on September 16, 2023.

SETEX Business Overview

Where is SETEX headquartered?

SETEX is headquartered in Mengerskirchen, Germany.

What sector is SETEX in?

SETEX is an information technology company.

When was SETEX founded?

SETEX was founded in 1993.

Information Technology M&A Summary in 2023

Out of 60 sectors in the Mergr database, information technology ranked 2 in number of deals in 2023. The largest information technology acquisition in 2023 was Chindata Group Holdings - which was acquired by Bain Capital Private Equity for $3.2B.

Join Mergr to view all 697 acquisitions of information technology companies in 2023, including 68 acquisitions by private equity firms, and 629 by strategics.

SETEX

SETEX Schermuly textile computer GmbH

Hauptstrasse 23,
Mengerskirchen, 35794
Germany,
+49 (0) 6476 9147-0
www.setex-germany.com

SETEX engages in production of control systems and Manufacturing Execution Software (MES) provider for textile machines. The Orga-TEX production management system and the robust Human Machine Interfaces (HMIs) are installed at textile manufacturers worldwide and form the premium standard in the industry. SETEX was founded in 1993 and is based in Mengerskirchen, Germany.


Company Summary

SECTOR

Information Technology

Established

1993

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